BluSmart Mobility secured $37 million in equity and $5 million in venture debt in its latest funding round. It will use the funds to expand its EV fleet capacity to 10,000 over the next one year and penetrate deeper into megacities.BluSmart Mobility, India’s largest EV...
Read More
Croatian high-performance EV component supplier and car manufacturer Rimac Technology has developed a novel battery architecture that is said to reduce efficiency losses by up to 50% while decreasing the system footprint by up to 40% compared to current state-of-the-art solutions.Croatia’s Rimac Technology has announced...
Read More
The company's director Abhinav Mahajan told pv magazine the new 400 MW solar panel production line will become operational by July this year. The facility can produce M10, half-cut, 144-cell modules.From pv magazine India
Noida-based IB Solar is expanding its PV module manufacturing capacity to 500...
Read More
On May 4, the Solar and Storage Industries Institute (SI2) announced the launch of a new one-year project on large-scale interconnection reforms. Founded last May, SI2 is dedicated to accelerating the adoption of clean energy through research, public education initiatives and policy analysis. “As we...
Read More
Gonvarri Solar Steel, a subsidiary of Gonvarri Industries from Madrid, Spain, that manufactures solar racking and trackers, is supplying 72 MW of its TracSmarT+ single- and dual-row trackers for a solar project in Texas. The solar project will support Ferrovial Webber Energy, an infrastructure construction...
Read More
IRS provides guidance on energy community bonus credit in IRA Washington, D.C. The Dept. of the Treasury has issued eligibility requirements for “energy communities” seeking a 10% ITC or PTC adder via the Inflation Reduction Act. The three types of energy communities include brownfields, retired...
Read More